The price elasticity of demand for hamburger is?

The change in the quantity demanded of hamburger when hamburger increases by

30

. Paise per rupee

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The percentage increase in the quantity demanded of hamburger when the price of hamburger falls by

1

percent per rupee

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The increase in the demand for hamburger when the price of hamburger falls by

10

percent per rupee

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The decrease in the quantity demanded of hamburger when the price of hamburger falls by

1

percent per rupee

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Solution

The correct option is D The percentage increase in the quantity demanded of hamburger when the price of hamburger falls by $1$ percent per rupee
The price elasticity of demand for hamburger is the percentage increase in the quantity demanded of hamburger when the price of hamburger falls by $1$ percent per rupee.

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